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(DIGIDRIVE_BE) Digidrive Distributors complete technical analysis [charts+indicators] | Buy/Sell Digidrive Distributors | (DIGIDRIVE_BE) share price targets

Complete technical analysis of Digidrive Distributors (DIGIDRIVE_BE) by charts plus indicators, forecast predictions and share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Showing technical analysis as on 2024-09-30 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 52967

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	48.65	47.15	49.99	46.80	0.601 times
27 Fri Sep 2024	47.97	46.80	48.49	46.45	0.458 times
26 Thu Sep 2024	46.80	48.95	48.95	46.67	0.797 times
25 Wed Sep 2024	48.33	48.50	49.48	47.25	0.904 times
24 Tue Sep 2024	48.32	50.49	50.49	48.10	0.589 times
23 Mon Sep 2024	49.60	49.80	50.80	48.55	0.513 times
20 Fri Sep 2024	49.58	50.80	52.24	49.01	1.074 times
19 Thu Sep 2024	50.80	53.77	53.77	49.50	3.182 times
18 Wed Sep 2024	51.21	51.21	51.21	50.62	1.425 times
17 Tue Sep 2024	48.78	49.49	49.99	48.00	0.643 times

My analysis of stock is bullish for shortterm, and stock might move up till 49.9 or till 51.4. Use a stoploss of 48.58 and if this stock hits its stoploss, then it can fall down till 47.3

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	31.81
Downside Target	33.55
Downside Target	38.39
Downside Target	39.74
Downside Target	41.00
Downside Target	45.45
Downside Target	46.45
Downside Target	48.00
Upside Target	49.89
Upside Target	50.80
Upside Target	51.99
Upside Target	53.77
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	46.97
Downside Intraday Target	45.29
Upside Intraday Target	50.16
Upside Intraday Target	51.67
Downside Intraday Target	48.48

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	48.65	47.15	49.99	46.80	0.184 times
27 Fri Sep 2024	47.97	49.80	50.80	46.45	0.484 times
20 Fri Sep 2024	49.58	46.65	53.77	46.65	1.683 times
13 Fri Sep 2024	47.30	48.00	49.89	45.45	0.729 times
06 Fri Sep 2024	48.71	51.60	51.99	48.00	0.54 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	48.65	51.60	53.77	45.45	0.815 times
30 Fri Aug 2024	51.60	35.70	54.50	33.82	2.429 times
31 Wed Jul 2024	36.97	37.35	38.39	31.81	0.322 times
28 Fri Jun 2024	36.62	34.80	39.74	30.85	1.631 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Digidrive Distributors (DIGIDRIVE_BE)

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Digidrive Distributors stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Digidrive Distributors in short term but the sell signal is initial and weak.

Digidrive Distributors Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Digidrive Distributors in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Digidrive Distributors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.61 and Digidrive Distributors (DIGIDRIVE_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Digidrive Distributors (DIGIDRIVE_BE) stock. Volume based technical analysis of Digidrive Distributors (DIGIDRIVE_BE) stock is negative.

Digidrive Distributors Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.